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Industry News | Time: Nov 4 2019 2:42PM
Turkey’s final measures in safeguarding against imported nylon filament yarn
 
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The WTO Safeguards Committee on October 23 issued a notification on safeguards submitted by the Turkish delegation.

On October 22, 2019, the Turkish investigating agency issued in an official notice its final decision on safeguards for imported nylon (or other polyamides) yarns, recommending that from November the 21st 2019 special tariffs will be imposed on the products involved for a period of three years (see the table below for details).

The tax codes for the products involved are 5402.31, 5402.32.00.00.00, 5402.45, 5402.51 and 5402.61, including draft textured yarn (DTY), fully drawn yarn (FDY), partially oriented yarns (POY) and nylon (or other polyamides) yarns.

On the 21st, special tariffs will be imposed on the products involved for a period of three years (see the table below for details). The Turkish tax codes for the products involved are 5402.31, 5402.32.00.00.00, 5402.45, 5402.51 and 5402.61, including draft textured yarn (DTY), fully drawn yarn (FDY), partially oriented polyester yarn (POY) and nylon ( Or other yarns made from other polyamides.

HS code Product definition Recommended measures
The first year The second year The third year
5402.31 Nylon (or other polyamide) yarns with a single yarn density not exceeding 50 tex 0.30USD/kg 0.29USD/kg 0.28USD/kg
5402.32.00.00.00 Nylon (or other polyamide) yarns with a single yarn density greater than 50 tex
5402.51 Nylon (or other polyamide) yarn
5402.61 Nylon (or other polyamide) yarn
5402.45 Other nylon (or other polyamide) yarns 0.10USD/kg 0.09USD/kg 0.08USD/kg

[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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